Suppose a machine is shifted from India to the US. This transaction falls under the account.

current

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capital

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official reserves

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exchange

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Solution

The correct option is A current
The current account records exports and imports of goods and services. A machine being transferred is a transfer of a visible item. Therefore, this transaction falls under the current account.

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Suppose a machine is shifted from India to the US. This transaction falls under the account.

The correct option is A currentThe current account records exports and imports of goods and services. A machine being transferred is a transfer of a visible item. Therefore, this transaction falls under the current account.

The correct option is A current
The current account records exports and imports of goods and services. A machine being transferred is a transfer of a visible item. Therefore, this transaction falls under the current account.